Bring your models. We bring the deal flow and handle settlement.
Rialta is a CFTC Swap Execution Facility where institutional capital provides liquidity to index-settled parametric contracts. You price the risk with your own models, post collateral against a public index, and settle automatically.
Rialta Exchange is a CFTC Swap Execution Facility (in designation) connecting mid-market operators with institutional liquidity through index-settled parametric risk contracts. Liquidity providers must qualify as Eligible Contract Participants.
An institutional grade, next generation prediction market that works for real businesses.
Permanently elevated volatility
Input cost shocks are no longer temporary anomalies. They are a permanent operating reality for mid-market businesses.
Deterministic parametric triggers
Modern data infrastructure lets contracts settle automatically against objective, immutable commercial indices - eliminating months of claims friction, legal disputes, and manual overhead.
AI-driven scale
AI applied at scale to contract configuration, origination, and product development dramatically lowers the friction and cost to serve commercial markets.
Prediction market maturity
Event-driven, index-settled contracts have matured into institutional-grade price-setting mechanisms.
Institutional yield demand
Global capital is actively seeking short-duration, uncorrelated yield backed by real-economy commercial activity.
Built for desks that already price risk.
ILS funds
Extend an existing ILS mandate into mid-market parametric risk, diversifying your catastrophe book with a complementary set of exposures.
Systematic commodity desks
Take positions on weather, energy, freight and rate indices you already model, in a standardized contract with a defined trigger.
Multi-strat hedge funds & quant funds
Add a low-correlation sleeve priced entirely by your desk, with Rialta supplying the data and the deal flow to support your model and pricing.
Reinsurers with ILS allocations
Access granular, single-index exposure with segregated collateral and oracle-verified settlement, extending parametric discipline into a rules-based structure.
You model and price the risk. The index decides the outcome.
Price each contract with your own models and compete for it in the auction. Operators, the bidding, and settlement are handled for you, so your desk can focus on pricing risk and building the book.
Bring your own models
You model and price risk with your own quant desk against historical public-index data delivered by API.
Compete in the RFQ
Requests for quotes broadcast simultaneously to the active liquidity-provider pool, up to three rounds. Best bid wins.
Post collateral
Notional held in cash or U.S. Treasuries, by an independent qualified custodian in segregated accounts, managed at the account level.
Earn carry, settle by rule
Earn SOFR on posted collateral. If the index doesn't cross the trigger, keep the notional and earn the contract fee.
You bring capital. We bring the demand.
Rialta’s origination engine finds mid-market operators carrying measurable, recurring exposure and converts them through a conversational buy flow into standardized, model-ready contracts. We own origination end to end, bringing this risk to market so you can focus entirely on pricing it.
Rialta opens for trading in 2027. Let’s build your book before it does.
We’re assembling the founding liquidity-provider pool now - the indices you want to price, your API integration, and the collateral setup. Bring us your mandate and we’ll shape the deal flow around it.
Liquidity providers must qualify as Eligible Contract Participants. Rialta provides no pricing models, trigger probability estimates, or return projections.